The news is surprising, since Jarrett had been taking on a larger role behind the scenes in recent months as the head of TNA’s creative team. He also has a minority stake in TNA. No word yet if Jarrett sold his ownership as part of his resignation.

Jarrett hasn’t been used on-screen in TNA since 2011 when he lost a #1 Contenders Steel Cage Match to Jeff Hardy and was “fired” in storylines. He continued to work behind the scenes, overseeing TNA’s Ring Ka King promotion in India but more recently working as a backstage agent, and negotiating the deals for AJ Styles to “defend” the title in Japan and Mexico.